Answer:
[C] decides to borrow funds with a promissory note in writing from an individual client.
Explanation:
NASSA Model Rule on Unethical Business Practices of Investment Advisers and Federal Covered Advisers stimulates that an investment adviser could borrow money from either the shareholder or institutional lending facility. However, an investment adviser can not borrow money from an individual client. Therefore, the correct is the option [C].
Answer:
Particulars Amount
1. Revenue allocated to the equipment $330
for each bundled sales
{$990 * $280 / $280 + $560}
2. Revenue allocated to the service $660
for each bundled sales
{$990 * $560 / $280 + $560}
3. Sales revenue to be reported in income $660
statement
Service revenue to be reported in $55
income statement
($660/12)
In the face of demographic pressures dealing with an aging workforce, many employers try to use voluntary attrition am<span>ong their older workers through early retirement incentive programs.
voluntary attrition refers to the action taken by the employee to resign him/herself from the workforce. Older employees tend to have lower performance compared to the younger employeess. Offering early retirement benefit will allo the company to do a regeneration among itss workforce.
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Answer and explanation:
Speaking from the ethical point of view, <em>employers should not request employees' background documentation</em> such as criminal records or information like family or citizenship status because they should trust in workers. However, there are many cases in which individuals are forced to lie because of external problems they are facing such as economic hardship in their families so they cannot afford to lose their jobs for missing paperwork.
To conclude, <em>companies must request employees' background documentation periodically to find out if they are being honest in the information they are providing to the team about themselves.</em>
Answer: Costs associated with obtaining the loan.
Closing costs for the buyer refers to the cost of taking out a home loan and costs associated with owning a home.
Costs of taking out a home loan include costs of origination, processing the home loan and the cost of home inspection, cost of credit report etc.
Costs of owning a home include home insurance, pest infection fees, home owner’s association fees etc.
The chart lists taxes and origination fees separately. Hence the item ‘costs associated with obtaining the loan’ will also be referred to as closing costs
.
